Name reservation: A Taiwanese company must register a Chinese name. So, Healy Consultants provides our Client closest Chinese translations of the 3 proposed names. Based on the Client’s choice, Healy Consultants applies to reserve Chinese name with Taiwan’s Ministry of Economic Affairs (MOEA);

Signing an office lease agreement: A foreign-owned company must rent premises to gain investment approval. A virtual office will suffice in the early stages of the business while you look for a permanent location for your Taiwanese business. Healy Consultants offers virtual office services to its Clients to ease the incorporation process;

Planning: At this point, Healy Consultants uses the above information to map out the entire project. We will prepare a detailed project plan, which will include timelines for i) investment approval ii) company incorporation iii) tax registration iv) bank account opening and v) license application (if required);

INCORPORATION PROCEDURE

Document preparation: Healy Consultants prepares the i) Power of Attorney (POA) document ii) articles of incorporation and iii) foreign investor qualification declaration to be emailed to the Client for signature. Furthermore, Healy Consultants requests the Client to notarize and legalize i) POA document ii) shareholders’ corporate documents/passport copies at the nearest Taiwan Economic and Culture Office. Any documents not in Chinese must be translated;

Foreign Investment approval: The legalized documents are submitted to the Investment Commission, MOEA (MOEAIC). Thereafter, the MOAEIC reviews i) the foreign investor details and ii) amount of foreign investment into the company. Once approved, our Clients will have the permission to incorporate a foreign investment approved (FIA) company;

Capital account opening: Now, Healy Consultants will assist our Clients open a capital account (preparatory bank account) to deposit the share capital. Unfortunately, all banks in Taiwan require a meeting in person. Once the capital is deposited, the bank will issue a certificate of deposit;

Capital Remittance approval: Healy Consultants will submit i) bank account approval document and ii) the certificate of deposit to the MOEA to secure capital remittance approval. Once obtained, Healy Consultants may proceed to incorporate the company;

Incorporation: Healy Consultants submits i) the articles of incorporation ii) shareholder agreement and iii) proof of capital remittance approval to the MOEA to proceed with incorporation. Within 1 week, the company will be registered;

POST-INCORPORATION

Tax registration: Following company incorporation, Healy Consultants will submit an application to register the new company with the Taiwan Taxation Bureau. The Client will need to attend a tax interview in person with the Taxation Bureau. When approved, the bureau will issue a Certificate of Business Registration;

Bank account conversion: During the 2nd visit, Healy Consultants will accompany our Client to the bank to convert the capital account into a business current account and apply for the online banking services. Thereafter, the bank will email our Client the corporate bank account numbers directly, independently of Healy Consultants;

Engagement completion: The Client engagement is now complete. Healy Consultants couriers a full company kit to our Client, which includes the company’s original corporate documents, unopened bank correspondences and a Client feedback survey.

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Testimonial

“Pirster Pte is happy with the work that Healy Consultants undertook for the company. International incorporation can be fraught with opacity, anxiety and vulnerability - especially if it is being done remotely as we did. Healy Consultants worked really hard to make it transparent, straight forward and confidence-inspiring. I look forward to working with Healey Consultants again on future work and happily recommend them to others.”

Fiona Thompson, Managing Director Pirster Pte.

“We had taken Healy Consultants assistance in incorporating our entities in some of the complicated jurisdictions. Their approach right from the beginning has been very systematic, clear and efficient. It has been a pleasure to work with all of them.”

“Thank you Healy Consultants for swiftly project managing my engagement. From the moment I met you in Singapore Healy Consultants attended to my requirements and specific needs. I am more than satisfied with your service. Moreover, your weekly updates allowed me to continue to focus my attention on my global business while trusting you to deliver as promised.”

“Thank you Healy Consultants, you were instrumental in setting up of my Hong Kong based company, the whole process was completed in a professional and timely manner.”

Terry Skews, CEO Brittany Offshore Limited

“Healy Consultants, a professionally managed firm with clear understanding and knowledge about what client expects from them and delivers the same in a professional and timely manner. Kudos to their team.”

“Incorporating any company is comparable to setting the foundation blocks of your new company building, which you aim to build in the best location available. By choosing Healy Consultants you are laying the perfect foundations.”

“The one word that defines Healy Consultants is perfect professionalism. If you have Healy to set up your business abroad, you could focus on the operational overhead and let Healy take care of the rest. From Incorporation to Taxation, it’s a one stop solution. Rest assured, you will have the best people in the Industry working for you and providing you with the best possible information and suggestions.”

Raja Chakraborty, Director Streamlyn Pte. Ltd.

“Thank you Healy Consultants for successfully project managing our business set up in Kuwait, Lebanon, Qatar and Bahrain.”

“When it was time to establish a Space Academy in Singapore, TriVector needed a knowledgeable firm that could not only help us establish our infrastructure, but could also advise on the local and regional business climate. Healy was that firm, which is why we've been satisfied Healy Consultants for almost five years now.”

Timothy F Kauffman, CEO Trivector Services

“Finding the right partner was critical for VESL’s expansion in Asia and working with Healy Consultants has made this possible.”

“Healy Consultants were instrumental in the set up of our company. They have continued to provide exceptional support and advice over the years.”

Susan Gunnery, Managing Director Qudoss Group

“Healy Consultants is the best firm that we have ever worked with. Through our entire business relationship we were satisfied with provided level of quality and services. Healy Consultants have been responsive and detail oriented which has allowed us to stay focused on our business and not getting distracted with small details.”